German Economy - Learn the Ropes at InvestGermany.com

Learn about the German economy in a nutshell at InvestGermany.com. On this page you'll find a short description of Germany's economical status and a general evaluation of its abilities and potential. Any investor in a foreign country needs to get all the facts straight and InvestGermany will make sure that you'll get all the Must details.

Some Basic Background, Facts and Figures

German economy is the fourth biggest national economy in the world and number one in Europe. This country has flourished during the age of globalized economy and has an undeniable impact of the global economy. This industrialized, modernized country is one of the world's top exporters and has an incredible trade surplus of 165 billion Euros.

There are 37 companies in the leading 500 largest stock market listed companies that are based in Germany. These include Volkswagen, Deutsche Bank, Allianz and Metro.

The German Model

In the post World War Two era Germany went through extensive structural and financial changes. These included a rebuilding of the economy through enhanced industrial efforts, professional training, and bringing the industrial and financial sectors closer together. These steps were all aimed at one mean: Creating a steady, prosperous economy. Since the reunification the German Model was put in question, as if failed to provide sufficient answers to the enhanced strain on the economy. Many economists in Germany today are supporting adaptation of the model to accumulate drastic changes and modifications.

Products

From porches, Audi and Mercedes Benz to Adidas or Nivea - there is no one in the western world that doesn't know and value German-made products. Germany's production abilities are due to the unique combination of skilled workers and resources given to education and development. The nation's reputation for precision, accuracy and hard work was proven correct and its ability to produce better and more efficient products is growing exponentially.

Germany's most noticeable commercial products are in engineering. These include metals, chemical products and machinery and of course - cars. Over 5 million vehicles are produced in Germany every year, a figure which places it in the top automobile producers in the world. Germany is also responsible for the production of less conventional products such as wind turbines and solar power technology.

Stability

The German economy is one of the strongest and most stable economies in the world. A long time has passed since the German Model appeared for the first time, but the country's ongoing success to construct its financial stability remains unchanged. In spite of the new challenges brought upon by the German reunification, the country has managed to overcome most difficulties and has lost very little ground in the process.

The Deutsche Bundesbank - Germany's Central Bank

Established in 1975 the well-known German Federal Bank (AKA the Deutsche Bundesbank or in common language "Buba") is the country's central bank. Due to its financial strength, the Bundesbank plays a much greater role than that of other central banks in the EU and is the number one power within the ESCB (European System of Central Banks). It influences economical policies, initiate worldwide processes and in many senses affects all of our lives. Because of its importance it was agreed that the European Central Bank will be built right next to it - in Frankfurt am Main.